G20-B20: Business Response to Global Economic Challenges

What's New?

Key Documents

 In October 2012,  the Chamber released a report that lays out our ideas for how to bridge the divide between the G-20 and the real economy, using snapshots from companies within the G-20 to highlight the diversity business responses to G-20 policies and improve the dialogue between political leaders, regulators and job-creators.

 

 

Key Dates & Upcoming Events

Group of 20 – G20

The financial crisis that first rocked advanced economies in 2007, and whose aftershocks continue to reverberate around the world, mobilized G-20 policy makers to devise new rules aimed at mitigating risk in the global economy.

 


On September 8, 2011, the U.S. Chamber of Commerce hosted a conference entitled “ Private Leadership During Public Finance Crises: Lessons for the G20 and the Business Community”,  featuring William Rhodes, former Senior Vice Chairman and International Banker at Citi and author of the book Banker to the World; Deborah Burand, Overseas Private Investment Corporation; and Richard Frank, Darby Overseas Investments/Franklin Templeton. Bill Rhodes further develops his views on  G20 agenda and the global economic challenges in this webcast for the U.S. Chamber of Commerce.


What does G20 deal with now?

Deeper Crisis In Euro area

  • Increased sovereign and bank stress in euro area
  • Higher spreads and reduced credit from deleveraging

Oil & Food Market Risks

  • Adverse oil shock given tight market conditions

Credit Booms in Emerging Markets

  • Extended period of rapid credit growth
  • Implications for asset quality, weaker growth environment

Fiscal Risks

  • Fiscal sustainability concerns (e.g., Japan, U.S.)
  • Possible disruption to bond markets (“riskless” assets)


G20 Players

 

B20 

To lead the business response to the policies agreed by heads of states at G20 level, the Chamber has become a founding member of the B20 Coalition of national business federations from the top 20 economies.  

B20 Mission

Represent the interests of our national business communities in the G20 dialogue process and ensure decisions taken by G20 leaders reflect the input and understanding of the business community

The coalition brings together the leading national independent associations of selected G20 countries. We share the mission of representing broad business interests and views relevant to the G20 agenda, and agree to cooperate in sharing ideas; information and resources in order to promote agreed upon positions and inform members of our associations and the public opinion with respect to the policy views of the business community.

The Coalition ensures the continuity of dialogue with policy-makers between each Presidency of the B20/ G20 Business Summit.

Our partners in  B20 Coalition:

G20 Maps and Stats

Click here to view a map of G-20 key economic information. 

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